OFG Bancorp Company Profile (NYSE:OFG)

About OFG Bancorp

OFG Bancorp logoOFG Bancorp is a financial holding company. The Company is engaged in providing banking and financial services through its subsidiaries. The Company provides banking and financial services to its clients through a range of banking and financial solutions, including commercial, consumer, auto, and mortgage lending; checking and savings accounts; financial planning, insurance, financial service, and investment brokerage, and corporate and individual trust and retirement services. It operates through three segments: Banking, Wealth Management and Treasury. The Company's main subsidiary Oriental Bank (the Bank), is a full-service Puerto Rico commercial bank with its main office located in San Juan, Puerto Rico. Its Wealth management activities are generated by businesses, such as securities brokerage, trust services, retirement planning, insurance, pension administration and other financial services. Its Treasury activities include the Company's treasury-related functions.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: Regional Banks
  • Exchange: NYSE
  • Symbol: OFG
  • CUSIP: 67103X10
Key Metrics:
  • Previous Close: $9.87
  • 50 Day Moving Average: $10.66
  • 200 Day Moving Average: $8.89
  • 52-Week Range: $4.56 - $11.25
  • Trailing P/E Ratio: 23.73
  • Foreward P/E Ratio: 9.87
  • P/E Growth: 1.28
  • Market Cap: $433.42M
  • Outstanding Shares: 43,913,000
  • Beta: 1.33
Profitability:
  • Net Margins: 7.01%
  • Return on Equity: 4.40%
  • Return on Assets: 0.46%
Debt:
  • Debt-to-Equity Ratio: 0.55%
  • Current Ratio: 0.92%
  • Quick Ratio: 0.91%
Additional Links:
Companies Related to OFG Bancorp:

Analyst Ratings

Consensus Ratings for OFG Bancorp (NYSE:OFG) (?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $10.56 (7.02% upside)

Analysts' Ratings History for OFG Bancorp (NYSE:OFG)
Show:
DateFirmActionRatingPrice TargetDetails
7/25/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$10.00 -> $11.00View Rating Details
4/26/2016Piper Jaffray Cos.Reiterated RatingNeutral$7.50 -> $9.50View Rating Details
4/25/2016Merion Capital GroupBoost Price TargetOutperform$6.75 -> $9.75View Rating Details
10/6/2015Jefferies GroupLower Price TargetBuy$13.00 -> $12.00View Rating Details
7/27/2015GuggenheimUpgradeNeutral -> BuyView Rating Details
(Data available from 9/26/2014 forward)

Earnings

Earnings History for OFG Bancorp (NYSE:OFG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/21/2016        
7/22/2016Q2$0.25$0.25$90.20 millionViewListenView Earnings Details
4/22/2016Q116$0.24$0.24$74.95 millionViewListenView Earnings Details
2/1/2016Q415$0.28$0.21$79.26 millionViewN/AView Earnings Details
10/23/2015Q315$0.08$0.03$81.50 millionViewListenView Earnings Details
7/24/2015Q2$0.28($0.15)$729.84 millionViewListenView Earnings Details
4/24/2015Q115$0.39$0.21$95.10 millionViewN/AView Earnings Details
1/30/2015Q414$0.35$0.36$100.00 millionViewN/AView Earnings Details
10/23/2014Q314$0.38$0.34$96.00 millionViewN/AView Earnings Details
7/23/2014Q214$0.38$0.38$96.23 millionViewN/AView Earnings Details
4/29/2014Q114$0.34$0.42$97.97 millionViewN/AView Earnings Details
2/3/2014Q413$0.40$0.35$94.35 millionViewN/AView Earnings Details
10/28/2013Q313$0.40$0.34$93.98 millionViewN/AView Earnings Details
7/22/2013Q2 2013$0.37$0.68$89.16 millionViewN/AView Earnings Details
4/25/2013Q1 2013$0.38$0.37$81.19 millionViewN/AView Earnings Details
2/7/2013Q4 2012$0.12$0.35$36.54 millionViewN/AView Earnings Details
10/24/2012$0.17$0.35ViewN/AView Earnings Details
7/23/2012$0.29$0.34ViewN/AView Earnings Details
4/23/2012$0.19$0.23ViewN/AView Earnings Details
10/25/2011$0.27$0.35ViewN/AView Earnings Details
4/29/2011$0.13$0.04ViewN/AView Earnings Details
2/3/2011$0.28$0.08ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for OFG Bancorp (NYSE:OFG)
Current Year EPS Consensus Estimate: $0.98 EPS
Next Year EPS Consensus Estimate: $1.00 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.26$0.27$0.27
Q2 20162$0.28$0.31$0.30
Q3 20161$0.26$0.26$0.26
Q4 20162$0.26$0.29$0.28
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for OFG Bancorp (NYSE:OFG)
Annual Dividend:$0.24
Dividend Yield:2.43%
Dividend Growth:18.60% (3 Year Average)
Payout Ratio:57.14% (Based on Trailing 12 Months of Earnings)
24.49% (Based on Current Year Consensus EPS Estimate)
24.00% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for OFG Bancorp (NYSE:OFG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/25/2016quarterly$0.062.2%9/28/20169/30/201610/17/2016
5/26/2016quarterly$0.062.69%6/28/20166/30/20167/15/2016
2/25/2016quarterly$0.064.55%3/24/20163/29/20164/15/2016
11/19/2015quarterly$0.062.72%12/29/201512/31/20151/15/2016
9/2/2015quarterly$0.104.52%9/28/20159/30/201510/15/2015
5/28/2015quarterly$0.103.01%6/26/20156/30/20157/15/2015
2/27/2015quarterly$0.102.29%3/27/20153/31/20154/15/2015
11/19/2014quarterly$0.102.08%12/29/201412/31/20141/15/2015
8/27/2014quarterly$0.082.02%9/26/20149/30/201410/15/2014
5/28/2014quarterly$0.081.78%6/26/20146/30/20147/15/2014
2/26/2014quarterly$0.081.99%3/26/20143/28/20144/15/2014
12/5/2013quarterly$0.081.9%12/27/201312/31/20131/15/2014
8/29/2013quarterly$0.061.4%9/26/20139/30/201310/15/2013
5/23/2013quarterly$0.061.37%6/26/20136/28/20137/15/2013
2/25/2013quarterly$0.061.57%3/26/20133/28/20134/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for OFG Bancorp (NYSE:OFG)
Insider Ownership Percentage: 2.63%
Institutional Ownership Percentage: 97.79%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/1/2016Rafael MartinezDirectorBuy7,000$6.99$48,930.00View SEC Filing  
2/16/2016Radames PenaDirectorBuy5,000$5.55$27,750.00View SEC Filing  
2/11/2016Radames PenaDirectorBuy5,000$4.69$23,450.00View SEC Filing  
2/4/2016Maritza ArizmendiCAOBuy4,000$5.65$22,600.00View SEC Filing  
1/29/2016Pedro MorazzaniDirectorBuy1,370$5.40$7,398.00View SEC Filing  
1/15/2016Pedro MorazzaniDirectorBuy3,000$5.98$17,940.00View SEC Filing  
1/12/2016Ganesh KumarCFOBuy3,734$6.04$22,553.36View SEC Filing  
1/11/2016Julian InclanDirectorBuy5,000$6.20$31,000.00View SEC Filing  
1/7/2016Jose Rafael FernandezCEOBuy3,000$6.82$20,460.00View SEC Filing  
12/16/2015Cesar A. OrtizSVPBuy600$6.54$3,924.00View SEC Filing  
12/11/2015Ganesh KumarCFOBuy5,000$6.73$33,650.00View SEC Filing  
12/11/2015Jorge ColonDirectorBuy6,000$6.74$40,440.00View SEC Filing  
12/9/2015Jose Rafael FernandezCEOBuy5,000$6.64$33,200.00View SEC Filing  
12/7/2015Ganesh KumarCFOSell1,100$18.01$19,811.00View SEC Filing  
9/2/2015Cesar A OrtizSVPBuy1,000$7.75$7,750.00View SEC Filing  
8/27/2015Josen RossiDirectorBuy7,000$6.90$48,300.00View SEC Filing  
3/4/2015Rafael MartinezDirectorBuy1,000$16.95$16,950.00View SEC Filing  
2/24/2015Josen RossiDirectorSell6,829$17.40$118,824.60View SEC Filing  
2/12/2015Josen RossiDirectorSell5,000$17.50$87,500.00View SEC Filing  
6/19/2014Rafael MartinezDirectorBuy1,065$18.85$20,075.25View SEC Filing  
6/18/2014Radames PenaDirectorBuy5,000$18.48$92,400.00View SEC Filing  
6/3/2014Norberto GonzalezEVPSell3,500$18.36$64,260.00View SEC Filing  
5/1/2014Norberto GonzalezEVPSell2,000$17.25$34,500.00View SEC Filing  
4/30/2014Rafael MartinezDirectorBuy2,965$16.85$49,960.25View SEC Filing  
3/13/2014Norberto GonzalezEVPSell4,000$17.05$68,200.00View SEC Filing  
11/1/2013Rafael MartinezDirectorBuy1,000$14.86$14,860.00View SEC Filing  
12/24/2012Julian InclanDirectorBuy5,000$12.93$64,650.00View SEC Filing  
12/12/2012Ganesh KumarCFOBuy2,645$12.37$32,718.65View SEC Filing  
11/30/2012Jose Rafael FernandezCEOBuy3,000$11.72$35,160.00View SEC Filing  
11/23/2012Jose Rafael FernandezCEOBuy5,000$11.64$58,200.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for OFG Bancorp (NYSE:OFG)
DateHeadline
thestreet.com logoReminder - OFG Bancorp Goes Ex-Dividend Soon (NYSE:OFG)
www.thestreet.com - September 26 at 11:18 AM
publicnow.com logoOFG Bancorp to Report 3Q16 Results and Hold Conference Call on Friday, October 21, 2016 (NYSE:OFG)
www.publicnow.com - September 23 at 11:16 AM
News IconNotable Thursday Option Activity: CZR, AVXL, OFG (NYSE:OFG)
www.stockoptionschannel.com - September 22 at 6:14 PM
4-traders.com logoOFG BANCORP : Regulation FD Disclosure (form 8-K) (NYSE:OFG)
www.4-traders.com - September 22 at 11:22 AM
seekingalpha.com logoOFG Bancorp cuts government exposure with sale (NYSE:OFG)
seekingalpha.com - September 22 at 11:22 AM
News IconOFG Bancorp Reports Sale of Troubled Puerto Rican Loan Participation (NYSE:OFG)
www.bondbuyer.com - September 22 at 11:22 AM
News IconOFG Bancorp sells PREPA credit line for $124M (NYSE:OFG)
newsismybusiness.com - September 22 at 11:22 AM
stockhouse.com logoOFG Bancorp Reports Sale of PREPA Position (NYSE:OFG)
www.stockhouse.com - September 22 at 11:22 AM
biz.yahoo.com logoOFG BANCORP Files SEC form 8-K, Regulation FD Disclosure (NYSE:OFG)
biz.yahoo.com - September 21 at 10:40 AM
capitalcube.com logoOFG Bancorp breached its 50 day moving average in a Bearish Manner : OFG-US : September 14, 2016 (NYSE:OFG)
www.capitalcube.com - September 14 at 10:52 AM
nasdaq.com logoCash Dividend On The Way From OFG Bancorp's Noncumulative Monthly Income Preferred Stock, Series B (NYSE:OFG)
www.nasdaq.com - September 10 at 5:54 PM
cnbc.com logoFACTBOX-Puerto Rico oversight panel members at a glance (NYSE:OFG)
www.cnbc.com - September 1 at 9:44 AM
News IconPresident Obama Announces the Appointment of Seven Individuals to the Financial Oversight and Management Board for Puerto Rico (NYSE:OFG)
www.whitehouse.gov - September 1 at 9:44 AM
News IconOriental Bank grants $1.5M in financing to Olein Refinery (NYSE:OFG)
newsismybusiness.com - August 27 at 10:53 AM
stockhouse.com logoOFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend (NYSE:OFG)
www.stockhouse.com - August 25 at 6:38 PM
thestreet.com logoOFG Bancorp's Preferred Stock, Series A Yield Pushes Past 7.5% (NYSE:OFG)
www.thestreet.com - August 25 at 6:38 PM
publicnow.com logoOFG Bancorp Declares Regular Quarterly Preferred Stock Cash Dividends (NYSE:OFG)
www.publicnow.com - August 24 at 6:21 PM
mysmartrend.com logoUptrend Call Working As SY Bancorp Stock Rises 22.0% (SYBT) (NYSE:OFG)
www.mysmartrend.com - August 24 at 9:41 AM
mysmartrend.com logoAnalyst Rating In Review: McDonald's Sold Off 2.6% Since Downgraded 7 Days Ago (MCD) (NYSE:OFG)
www.mysmartrend.com - August 23 at 6:46 PM
finance.yahoo.com logoOFG BANCORP Financials (NYSE:OFG)
finance.yahoo.com - August 16 at 6:47 PM
biz.yahoo.com logoOFG BANCORP Files SEC form 10-Q, Quarterly Report (NYSE:OFG)
biz.yahoo.com - August 5 at 6:50 PM
capitalcube.com logoETF’s with exposure to OFG Bancorp : July 29, 2016 (NYSE:OFG)
www.capitalcube.com - July 29 at 12:47 PM
capitalcube.com logoOFG Bancorp :OFG-US: Earnings Analysis: Q2, 2016 By the Numbers : July 26, 2016 (NYSE:OFG)
www.capitalcube.com - July 26 at 9:59 AM
4-traders.com logoOFG Bancorp : posts 2Q profit (NYSE:OFG)
www.4-traders.com - July 22 at 6:28 PM
reuters.com logoBRIEF-OFG Bancorp reports Q2 earnings per share $0.25 (NYSE:OFG)
www.reuters.com - July 22 at 6:28 PM
seekingalpha.com logoOFG Bancorp's (OFG) CEO Jose Rafael Fernández on Q2 2016 Results - Earnings Call Transcript (NYSE:OFG)
seekingalpha.com - July 22 at 6:28 PM
finance.yahoo.com logoEdited Transcript of OFG earnings conference call or presentation 22-Jul-16 2:00pm GMT (NYSE:OFG)
finance.yahoo.com - July 22 at 2:48 PM
publicnow.com logoOFG Bancorp Reports 2Q16 Results (NYSE:OFG)
www.publicnow.com - July 22 at 8:18 AM
sg.finance.yahoo.com logoOFG posts 2Q profit (NYSE:OFG)
sg.finance.yahoo.com - July 22 at 7:47 AM
seekingalpha.com logoOFG Bancorp EPS in-line (NYSE:OFG)
seekingalpha.com - July 22 at 7:36 AM
4-traders.com logoOFG Bancorp : half-yearly earnings release (NYSE:OFG)
www.4-traders.com - July 20 at 9:32 AM
seekingalpha.com logoThe Top 10 Reasons To Consider This 8.1% Yield From A Well Capitalized Bank (NYSE:OFG)
seekingalpha.com - July 20 at 9:32 AM
nasdaq.com logoOFG Bancorp's Non-cumulative Monthly Income Preferred Stock, Series A Goes Ex-Dividend Soon (NYSE:OFG)
www.nasdaq.com - July 12 at 10:56 AM
nasdaq.com logoOFG Bancorp's Noncumulative Monthly Income Preferred Stock, Series B Goes Ex-Dividend Soon (NYSE:OFG)
www.nasdaq.com - July 11 at 6:37 PM
finance.yahoo.com logoOFG Bancorp to Present at KBW 2016 Community Bank Investor Conference (NYSE:OFG)
finance.yahoo.com - July 11 at 11:15 AM
capitalcube.com logoOFG Bancorp breached its 50 day moving average in a Bullish Manner : OFG-US : July 11, 2016 (NYSE:OFG)
www.capitalcube.com - July 11 at 9:13 AM
gurufocus.com logoArnold Schneider's most performing stocks of 1st quarter (NYSE:OFG)
www.gurufocus.com - July 6 at 6:49 PM
finance.yahoo.com logoArnold Schneider's Best-Performing Stocks (NYSE:OFG)
finance.yahoo.com - July 6 at 1:04 PM
capitalcube.com logoETF’s with exposure to OFG Bancorp : June 30, 2016 (NYSE:OFG)
www.capitalcube.com - June 30 at 12:25 PM
capitalcube.com logoOFG Bancorp :OFG-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 (NYSE:OFG)
www.capitalcube.com - June 28 at 1:30 PM
nasdaq.com logoCash Dividend On The Way From OFG Bancorp's Series D Non-Cumulative Perpetual Preferred Stock (NYSE:OFG)
www.nasdaq.com - June 28 at 11:27 AM
capitalcube.com logoOFG Bancorp breached its 50 day moving average in a Bearish Manner : OFG-US : June 27, 2016 (NYSE:OFG)
www.capitalcube.com - June 27 at 10:05 AM
publicnow.com logoOFG Bancorp to Report 2Q16 Results and Hold Conference Call on Friday, July 22, 2016 (NYSE:OFG)
www.publicnow.com - June 22 at 9:09 AM
capitalcube.com logoOFG Bancorp breached its 50 day moving average in a Bearish Manner : OFG-US : June 15, 2016 (NYSE:OFG)
www.capitalcube.com - June 15 at 8:31 AM
gurufocus.com logoRichard Snow Trims 2 Stakes in May (NYSE:OFG)
www.gurufocus.com - June 12 at 9:20 AM
nasdaq.com logoOFG Bancorp's Noncumulative Monthly Income Preferred Stock, Series B About To Put More Money In Your Pocket (NYSE:OFG)
www.nasdaq.com - June 9 at 6:56 PM
finance.yahoo.com logoRichard Snow Trims a Stakes in May (NYSE:OFG)
finance.yahoo.com - June 9 at 6:23 PM
News IconHarris & Harris Group Inc. (TINY), Hallador Energy Co (HNRG) and OFG Bancorp (OFG) Register Mild Insider Buying (NYSE:OFG)
feedproxy.google.com - April 5 at 11:24 AM
thestreet.com logoOFG Bancorp (OFG) Stock: Weak On High Volume Today (NYSE:OFG)
www.thestreet.com - March 14 at 1:10 PM
News IconOFG Bancorp (NYSE:OFG): Director Pena Radames buys 5,000 shares (NYSE:OFG)
empowerednews.net - February 16 at 2:55 PM

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OFG Bancorp (NYSE:OFG) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff